Terms and Conditions
To reserve an eVTOL, you must pay a non-refundable pre-order deposit ("Deposit") of 50,000 USD per airframe. The Deposit will be applied towards the purchase price of your eVTOL when it becomes available for delivery. The Deposit is not refundable except as set forth in Cancellation and Refunds policy below.
A Pre order payment ("Pre-Payment") of 50% is required on confirmation of manufacturing each airframe. The Pre-Payment will be applied towards the purchase price of your eVTOL when it becomes available for delivery. The Deposit is not refundable except as set forth in Cancellation and Refunds policy below.
Cancellation and Refunds
You may cancel your pre-order at any time prior to the delivery of your eVTOL. If you cancel your pre-order, the Company reserves the right to not refund your Deposit and/or Pre-Payment. If the Company cancels your pre-order, the Company will refund your Deposit and/or Pre-Payment within 28 Days of providing you with written notice of cancellation.
The Company expects to deliver your eVTOL within 6 Months of your pre-order after Aircraft Certification period. However, delivery times may vary depending on a variety of factors, including but not limited to production schedules, regulatory approvals, and supply chain disruptions. The Company will use commercially reasonable efforts to deliver your eVTOL as soon as possible, but the Company makes no guarantees regarding delivery dates.
The price of your eVTOL will be the price in effect at the time of delivery. The Company reserves the right to change the price of the eVTOL at any time prior to delivery.
Your eVTOL will be covered by a limited warranty from the manufacturer. The terms of the warranty will be provided to you at the time of delivery.
Limitation of Liability
In no event shall the Company be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, revenue, data, or use, incurred by you or any third party, whether in an action in contract or tort, arising from your pre-order or use of the eVTOL.
Governing Law and Jurisdiction
This Agreement shall be governed by and construed in accordance with the laws of the [Australia] without giving effect to any choice or conflict of law provision or rule. Any legal suit, action, or proceeding arising out of or related to this Agreement or the eVTOL shall be instituted exclusively in the federal or state courts located in [Perth, Western Australia], and each party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action, or proceeding.
These terms and conditions ("Agreement") apply to your pre-order of an electric vertical takeoff and landing vehicle ("eVTOL") with a six month delivery time after approximately a three year type certification period from Ace VTOL ] (“Company"). By placing a pre-order for an eVTOL, you agree to be bound by this Agreement.